2024 GMD to NIO Historical Review

YEARLY HIGH

0.5472 NIO

YEARLY LOW

0.5091 NIO

YEARLY AVERAGE

0.5348 NIO

2024 GMD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.5472. Conversely, the yearly low was recorded on December 22, dropping to 0.5091.

This high-to-low spread represents a total annual volatility of 0.0381 NIO. From a start-to-finish perspective, comparing the January average rate of 0.5446 to the December average rate of 0.5123, the exchange rate registered a net change of -5.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5472 was down 11.26% compared to the 2023 peak of 0.6167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 2,736 NIO

2023 Average 2,939 NIO

Yearly Trough Low 2,545 NIO

Transaction Impact: A difference of 190.74 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5479

0.5090

JanuMarcMayJulySeptNove

GMD to NIO Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5430, compared to 0.5266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.5430

H2 Avg (Jul–Dec) 0.5266

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0228 NIO (High: 0.5449 / Low: 0.5221). On the other end, January was the most stable month, with a tight range of 0.0030 NIO (High: 0.5464 / Low: 0.5434).

October Spread (Volatile) ±0.0228

January Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0157 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5440) against the same month in 2023 (average: 0.5973), the exchange rate shifted by -0.0532 (-8.91%).

2024 Avg (February) 0.5440

2023 Avg (February) 0.5973

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5464	0.5434	0.5446
February	0.5472	0.5410	0.5440
March	0.5433	0.5397	0.5414
April	0.5445	0.5402	0.5421
May	0.5443	0.5397	0.5427
June	0.5458	0.5420	0.5430
July	0.5438	0.5300	0.5425
August	0.5338	0.5184	0.5268
September	0.5377	0.5183	0.5291
October	0.5449	0.5221	0.5315
November	0.5220	0.5140	0.5171
December	0.5182	0.5091	0.5123